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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Immediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
Venture CapitalInploi, the Talent Attraction Technology Scale-up, has Raised a £1.35m Round to Develop its Growth Team
LONDON , July 25, 2023 -- inploi , the talent attraction technology scale-up, has raised a £1.35m round to develop its growth team and accelerate the go-to-market (GTM) strategy for their Software-as-a-Service (SaaS) offering ahead of a pl
EarningsFirst Advantage Reports First Quarter 2023 Results
ATLANTA, May 10, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, announced financial results for the first quarter ended March 31, 2023. “We reported
EarningsRandstad Reports 2nd Quarter 2023 Results, Organic Revenue Per Working Day Declined by 5.1% YoY in Q2 2023 Resulting in Revenue of € 6,465M
Randstad , the world’s largest talent company and a partner of choice to clients, announced its financial results for the 2nd quarter on 25 July 2023. Revenue Organic revenue per working day declined by 5.1% YoY in Q2 2023 resulting in reve
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
Venture CapitalSkillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
EarningsManpowerGroup Reports 2nd Quarter 2023 Results
MILWAUKEE , July 20, 2023 -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.29 per diluted share for the three months ended June 30, 2023 compared to $2.29 per diluted share in the prior year period. Net earnings in the qua
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations
Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s
Venture CapitalThe World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital
Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
Venture CapitalAllied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience
CHICAGO , July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
ColumnHow an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations
Company NewsFrom Reviews to 'Bowls': Glassdoor's New Initiative Sparks Debate on Workplace Transparency
Glassdoor, renowned for enabling anonymous employer reviews, has introduced a new feature that allows anonymous discussions focused on specific employers and industries. These communities, termed "bowls", are a product of Glassdoor's acquis
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
Product NewsOffsite Raises $3 Million To Reconnect Remote and Hybrid Companies Through In-Person Experiences
NEW YORK , July 18, 2023 -- Offsite , the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more c
Product NewsGoHappy, the Fast-Growing Frontline Employee Engagement Platform, Expands Operations to Canada
RICHMOND, Va. goHappy , America’s leading provider of frontline employee engagement solutions, is excited to announce its expansion into Canada. With its unique platform and commitment to fostering more engaged and connected frontline wor
Venture CapitalBlockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round
Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A
Company NewsACI Learning Launches Proprietary AI-Powered Skills Gap Analysis Tool to Address Staff Knowledge Gaps
Organizations can use the 'Insights' tool to continuously identify knowledge gaps and provide the right type of training bundles when team members need it across audit, cybersecurity and IT DENVER , July 13, 2023 /-- ACI Learning , the aud
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsTruework Announces Guardian HR Product to Securely Automate Income Verifications for Payroll Providers
SAN FRANCISCO , July 13, 2023 -- Truework , a leading provider in verification of income and employment (VOIE) in the U.S., announced today the launch of Truework Guardian, a new verification automation tool for employees, employers and pa
Company NewsG-P Enhances G-P Meridian Suite with Latest Innovations
G-P Enhances G-P Meridian Suite with Latest Innovations to Make Global Growth Accessible to Everyone, Everywhere Company delivers new fintech enhancements, simplified self-service functionality and customizable compliant contracts for compa
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Company NewsAstrumU and SHRM Partner to Transform Skills-Based Hiring for Workforce Development Investments
AstrumU, a leading AI data platform company that specializes in measuring non-traditional workforce skills, and the Society of Human Resource Management (SHRM) , today announced a partnership aimed at significantly improving how employers,
Venture CapitalMultinational Businesses Cheer UKG Acquisition of Immedis: Launch of UKG One View Transforms How Businesses Pay People Around the World
LOWELL, Mass., and WESTON, Fla., July 12, 2023 — UKG , a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis , a leading global payroll provider with technology and s
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
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